YEARLY HIGH
0.0160 RON
YEARLY LOW
0.0122 RON
YEARLY AVERAGE
0.0140 RON

2023 LKR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0160. Conversely, the yearly low was recorded on February 1, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0038 RON. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0139, the exchange rate registered a net change of 11.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0160 was down 29.29% compared to the 2022 peak of 0.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 80 RON
2022 Average 75 RON
Yearly Trough Low 61 RON
Transaction Impact: A difference of 18.97 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154
0.0122
JanuMarcMayJulySeptNove

LKR to RON Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0138, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0019 RON (High: 0.0158 / Low: 0.0139). On the other end, December was the most stable month, with a tight range of 0.0003 RON (High: 0.0141 / Low: 0.0138).

May Spread (Volatile) ±0.0019
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0151) against the same month in 2022 (average: 0.0130), the exchange rate shifted by +0.0021 (+16.30%).

2023 Avg (June) 0.0151
2022 Avg (June) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0123 0.0125
February 0.0129 0.0122 0.0126
March 0.0143 0.0127 0.0138
April 0.0142 0.0138 0.0140
May 0.0158 0.0139 0.0147
June 0.0160 0.0143 0.0151
July 0.0149 0.0134 0.0140
August 0.0143 0.0139 0.0141
September 0.0146 0.0143 0.0144
October 0.0147 0.0143 0.0145
November 0.0143 0.0137 0.0140
December 0.0141 0.0138 0.0139